State bankruptcy filings – the pros and cons of allowing states to file for bankruptcy (like municipalities) or 'speak softly and carry a big stick'

© 2011 Bloomberg Finance L.P. All rights reserved. Originally published by Bloomberg Finance L.P. in the Vol. 5, No. 12 edition of the Bloomberg Law Reports—Bankruptcy Law. Reprinted with permission. Bloomberg Law Reports® is a registered trademark and service mark of Bloomberg Finance L.P.

Filed under:
USA, Insolvency & Restructuring, Litigation, Public, Troutman Pepper, Bond (finance), Bankruptcy, Debtor, Option (finance), Debt, Credit rating, Municipal bond, US Constitution, United States bankruptcy court
Authors:
J. Gregg Miller , Nina M. Varughese , Leon R. Barson
Location:
USA
Firm:
Troutman Pepper